Investing.com - Ranger Energy Services reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ranger Energy Services announced earnings per share of $0.540 on revenue of $177.0M. Analysts polled by Investing.com anticipated EPS of $0.246 on revenue of $161M.
Ranger Energy Services shares are down 39.79% from the beginning of the year , still down 9.44% from its 52 week high of $11.87 set on Friday, March 18, 2022.
Ranger Energy Services follows other major Energy sector earnings this month
Ranger Energy Services's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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